Abridged project history
Restoration project 1: 1983 XJ650
Purchase $1000 (2 year old tires, did not start)
Parts approx $500 in total
Labor about 80 hours + not including research over 3 months
Ran like a champ for 2 years after finishing
Needed room so Sold $800 in the beginning of winter (I wish I had the room, I miss this bike but new owner was very happy to get it)
Restoration project 1: 1982 XJ650
Purchase $400 (Needed tires did not start, Facebook opportunity buy project for friend)
Parts approx $600 in total including 2 tires I put on myself
Labor about 40 hours over 1 month (nothing new to learn)
Ran like a champ for 2 months and guy I bought it for changed his mind so I flipped it.
Flipped it for $1600 during the early summer.
Resusitation project 3 : 1983 XJ650 (sort of cause was just helping someone else get it running).
Purchase (N/A)
Parts (N/A)
Labor : 3 hours (carb rebuild and getting it running only)
Restoration project 4: 1978 XS650 (got from guy I got project bike #1 from)
Purchase : Traded $300 worth of gun parts for
Parts : Approx $1200 in total (so far)
Labor : 120 hours and counting.
I will say this, until I formally retire, I don't think I'll want to take on another project bike. I do comb fakebook market place all the time just to look but don't have the room right now w/ 4 bikes in the stall (next to the XS, the 2nd oldest bike is a '21)
It stands to reason that NO ONE should buy an old or even "project" bike unless they plan to spend LOTS of time on it and see the restoration/resuscitation as the project itself. Project 1 and Project 4 all started in the Nov/Dec time so it was over the winter projects.
As far as tools go, I have never included the cost of new tools in projects cause in general, they are used elsewhere. But yes, its a cost, Honestly, if you are counting that cost into some sort of cost/benefit calculation, you have lost that battle already.
BTW, there ARE cheap motorcycles out there but they are few and far between. The guy that got my '83 XJ650 got a working bike that was ridden regularly for a song. You often find people in the winter selling bikes that run where they want to get rid of it to buy another bike and the down market when no one is buying, they sell for a lower price. Right now, its a buyer's market.
Restoration project 1: 1983 XJ650
Purchase $1000 (2 year old tires, did not start)
Parts approx $500 in total
Labor about 80 hours + not including research over 3 months
Ran like a champ for 2 years after finishing
Needed room so Sold $800 in the beginning of winter (I wish I had the room, I miss this bike but new owner was very happy to get it)
Restoration project 1: 1982 XJ650
Purchase $400 (Needed tires did not start, Facebook opportunity buy project for friend)
Parts approx $600 in total including 2 tires I put on myself
Labor about 40 hours over 1 month (nothing new to learn)
Ran like a champ for 2 months and guy I bought it for changed his mind so I flipped it.
Flipped it for $1600 during the early summer.
Resusitation project 3 : 1983 XJ650 (sort of cause was just helping someone else get it running).
Purchase (N/A)
Parts (N/A)
Labor : 3 hours (carb rebuild and getting it running only)
Restoration project 4: 1978 XS650 (got from guy I got project bike #1 from)
Purchase : Traded $300 worth of gun parts for
Parts : Approx $1200 in total (so far)
Labor : 120 hours and counting.
I will say this, until I formally retire, I don't think I'll want to take on another project bike. I do comb fakebook market place all the time just to look but don't have the room right now w/ 4 bikes in the stall (next to the XS, the 2nd oldest bike is a '21)
It stands to reason that NO ONE should buy an old or even "project" bike unless they plan to spend LOTS of time on it and see the restoration/resuscitation as the project itself. Project 1 and Project 4 all started in the Nov/Dec time so it was over the winter projects.
As far as tools go, I have never included the cost of new tools in projects cause in general, they are used elsewhere. But yes, its a cost, Honestly, if you are counting that cost into some sort of cost/benefit calculation, you have lost that battle already.
BTW, there ARE cheap motorcycles out there but they are few and far between. The guy that got my '83 XJ650 got a working bike that was ridden regularly for a song. You often find people in the winter selling bikes that run where they want to get rid of it to buy another bike and the down market when no one is buying, they sell for a lower price. Right now, its a buyer's market.


, I make out OK.